Dividend 15 Split (TSE:DFN) Stock Crosses Above 50-Day Moving Average of $5.10

Dividend 15 Split Corp. (TSE:DFN) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$5.10 and traded as high as C$5.30. Dividend 15 Split shares last traded at C$5.29, with a volume of 185,313 shares trading hands.

Dividend 15 Split Stock Performance

The company has a quick ratio of 1.75, a current ratio of 1.45 and a debt-to-equity ratio of 215.33. The firm has a market cap of C$648.72 million, a P/E ratio of 4.65 and a beta of 1.73. The business has a fifty day simple moving average of C$5.12 and a 200-day simple moving average of C$5.23.

Dividend 15 Split Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Tuesday, September 10th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $1.20 annualized dividend and a dividend yield of 22.81%. Dividend 15 Split’s payout ratio is presently 106.19%.

About Dividend 15 Split

Dividend 15 Split Corp. is a close ended equity mutual fund launched by Quadravest Inc The fund is managed by Quadravest Capital Management. It invests in public equity markets of Canada. The fund spreads its investments across diversified sectors. It benchmarks the performance of its portfolio against the S&P TSX 60 Index.